We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NN12 6AD
Sold STCListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare and exciting opportunity to buy a pair of apartments, converted from a former barn, centrally located within the thriving town of Towcester.
The properties are currently let on Assured Shorthold tenancies at £795 pcm and £900 pcm respectively, creating a gross annual yield of £20,340, which equates to 8.13%.
Each apartment has one allocated parking space. It should be noted that the freehold will also be acquired within the purchase. INVESTORS ONLY.
Towcester - Situated within walking distance of the thriving market town of Towcester's many amenities including shops, bars and restaurants, primary and secondary schools, doctor and dentist surgeries and a leisure centre.
There is good access to the main arterial roads including the M1 motorway at junction 15a, the M40, A5 and A43 with train stations at Milton Keynes and Northampton offering services to London Euston with journey times of around 35 minutes and 50 minutes respectively.
Sporting activities in the area include rugby, hockey, tennis, netball and cricket at the nearby Towcestrians Sports Club, golf at Silverstone and Whittlebury Hall, sailing at Draycote Water, Pitsford and Hollowell Reservoirs, and of course the world famous motor racing at Silverstone.
Ground Floor - No.2 - Enter into the kitchen, beyond which is the sitting / dining room, off which is a bedroom and shower room. Electric heating.
First Floor - No.1 - A separate front door, entrance hall and stairwell opens into the sitting / dining / bedroom, with doors into the kitchen and shower room. Electric heating.
Outside - There is no outside space owned by either apartment, other than one parking space being allocated to each apartment.
Local Authority - West Northamptonshire Council The Forum, Moat Lane Towcester, NN12 6AD Council Tax Band - Flat 1: Band - A Flat 2: Band - A Viewing Arrangements - Strictly by prior appointment via the selling agents, Howkins and Harrison.
Tel:01327-353575. Fixtures And Fittings - Only those items in the nature of fixtures and fittings mentioned in these particulars are included in the sale. Other items are specifically excluded.
None of the appliances have been tested by the agents and they are not certified or warrantied in any way.
Services - The following services are connected to this property : Mains electricity, water and drainage.
None of the above services have been tested and purchasers should note that it is their specific responsibility to make their own enquiries of the appropriate authorities as to the location, adequacy and availability of mains water, electricity and drainage services.
Floorplan - Howkins and Harrison provide these plans for reference only - they are not to scale.
Important Notice - Every care has been taken with the preparation of these Sales Particulars, but complete accuracy cannot be guaranteed. In all cases, buyers should verify matters for themselves.
Where property alterations have been undertaken buyers should check that relevant permissions have been obtained.
If there is any point, which is of particular importance let us know and we will verify it for you. These Particulars do not constitute a contract or part of a contract.
All measurements are approximate. The Fixtures, Fittings, Services & Appliances have not been tested and therefore no guarantee can be given that they are in working order.
Photographs are provided for general information and it cannot be inferred that any item shown is included in the sale. Plans are provided for general guidance and are not to scale.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Moat Yard, Moat Lane, Towcester, NN12
Explore nearby